By: Aanya
On Thursday, March 13, 2025 the Indian stock market opened on a cautious note with the Nifty slipping by 2.00 points to 22,468.50,.while Sensex rising by 70.75 points to 74,100.51. Market sentiment remained mixed as investors reacted to global and domestic economic cues.
18 stocks advanced, 31 declined, among Nifty-listed companies. One remained unchanged. ONGC, BEL, Tata Steel, IndusInd Bank, and Power Grid were the top gainers, while Sriram Finance, M&M, Bajaj Auto, Eicher Motors, and Adani Ports were the top losers in early trading.
Experts highlighted global factors influencing market movements. Experts also pointed to domestic economic indicators, noting that Indian inflation had eased due to lower food prices, while the Index of Industrial Production (IIP) had exceeded estimates. Experts aver that the outlook remains range-bound.
With a long weekend ahead, positions in India will likely be cut by the afternoon. Many foreign brokerages are turning positive on Indian markets, making this a good time to start small, regular allocations. A market bottom will likely form in the new financial year.